1.   Also, riskier firms will have cost curves that are higher to begin with.

2.   And the firm has deep enough pockets to see a case through years of delaying tactics by the opposition.

3.   Capacity refers to whether the borrowing firm has the financial capacity to meet required account payments.

4.   Even when private firms do not have monopolies, they at times develop enough political power to stifle competition.

5.   If factor prices are equalized, each firm will have the same Marginal costs.

6.   In order to compete, firms would therefore have to seek ever-increasing technological innovations to raise productivity, increase output and reduce prices.

7.   Just a few firms have a stranglehold on the Market for this software.

8.   Natural justice requires that a firm should have an opportunity to answer any criticism before a Decision is made.

9.   One engineering firm had so many applications for time off that it warned absentees they would be suspended for three weeks.

10.   Output - some firms will have departments reflecting a particular product such as furniture, soft furnishings or kitchenware.